03/19/2015
Jersey’s ambitions to position itself as a leading FinTech jurisdiction and how digital innovation could assist Jersey’s finance industry with growing due diligence obligations formed the focus of an event hosted by Jersey Finance recently.
03/19/2015
It was a great honour to be nominated for this prestigious award which acknowledges the work of in-house legal departments
03/17/2015
The bank is carrying out checks on the identity and address of thousands of its customers on the Channel Islands, and is closing accounts that do not meet tax compliance standards.
03/13/2015
Elian launches ClientCheck - the comprehensive CDD outsourcing solution
ClientCheck has been developed to benefit a wide range of regulated businesses including accountants, asset managers, banks, fund managers, lawyers and trust companies. All types of CDD subjects are supported including individuals, partnerships, private c
03/13/2015
The findings follow a massive cache of leaked data that revealed how the Swiss banking arm of HSBC, the world’s secondlargest bank, helped wealthy customers conceal billions of dollars of assets.
03/10/2015
The Isle of Man Government has launched new legislation in respect of Insurance Special Purpose Vehicle (ISPV) legislation which enhances the Island’s proposition for insurance business
03/05/2015
"DMS is honored to be recognized again this year for the quality of our service to the global hedge fund industry," stated Anne Storie, CEO of DMS.
03/02/2015
In the financial services industry, compliance refers to adherence to the regulations, policies, and guidelines that apply to a financial institution
03/02/2015
A former accountant, Gorst was recently re-elected as chief minister for a second term.
02/20/2015
Risk management, cost and changes in fund structuring are the key issues for managers and investors arising from the initial impact of the Alternative Investment Fund Managers Directive (AIFMD)
02/19/2015
The exemption will enable fund managers that are already regulated under the Financial Services (Jersey) Law to carry out fund services business and service QSMAs without needing to seek additional regulation in order to conduct investment business under
02/18/2015
Caribbean finance ministers will meet here from Thursday for the Fourth Meeting of the Governors of the Caribbean Country Department of the Inter-American Development Bank.
02/16/2015
The new pension freedoms, set to come in from 6 April will apply to all UK money purchase pension schemes.
02/13/2015
Work has started to implement the restructuring process of the Bank of Muscat International Offshore in Seychelles announced by the Central Bank of Seychelles in December last year.
02/13/2015
Head of the Consumer Affairs Commission Dolsie Allen says the agency is still having difficulties getting certain information from financial institutions to assist with its work.
02/12/2015
Dominic Wheatley, Chief Executive of Guernsey Finance, looks at the impact of regulations such as AIFMD have impacted the funds industry
02/12/2015
The Guernsey Financial Services Commission (GFSC) has issued a formal consultation paper seeking feedback from the financial services industry on a number of proposals to amend the Bailiwick’s supervisory and regulatory laws.
02/10/2015
Private client structuring: private trust companies and private trust foundations
Guernsey is renowned for being one of the leading jurisdictions for fiduciary work having built a strong reputation over decades and providing private clients with the right wealth structures quickly and with a high degree of expertise and professionalism
02/10/2015
New China law targets tax avoidance offshore
The law would affect investment companies, analysts said, adding it would also have a significant impact on Hong Kong, a major hub for cross-border deals involving the mainland.
02/09/2015
Party secretary-general Rafizi Ramli said both the central bank and Finance Ministry should act against the strategic development firm.